2832 E LE MARCHE Avenue Phoenix, AZ $ 659,000
2832 E LE MARCHE Avenue
$ 659,000
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2832 E LE MARCHE Avenue

Phoenix, AZ, 85032
$ 659,000
Baths0.0

Monthly Estimate*

$ 4,380

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $659,000. This home was built in 1982.

This turnkey 4-plex in North Central Phoenix features a fantastic mix of all 2 bed + 2 bath units with three ground level and one upper unit. Tenants love the large interiors with modern layouts, private patios/balconies, full size kitchen appliances, and stack washer/dryer. Three units tastefully refreshed with new carpet, vinyl, bath fixtures, & paint. Tenants pay individually metered electricity, water, and cable (no gas), while the owner just pays the HOA dues (incld: sewer, trash, lighting, landscaping, security gate & patrols, and the community pool). Each standalone building in the community has 4 covered parking spaces and additional uncovered spaces. Lots of capital improvements including full exterior repaint, new AC units, new hot water heaters, and more.

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Multi-Family Pending

Price

$ 659,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,330

Style

Multiple Dwellings

Year Built

1982

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6704434

Features
General
Sewer Public Sewer
Heating Electric
Cooling Individual Electric
Roof Built-Up
Zoning MULTI FAMILY
Construction Materials Stucco Frame - Wood
Year Built 1982
Electric APS
Tenant Pays Electricity Cable TV
Township 3N
Tax Year 2023
Percent Ownership Fee Simple
Gross Income 54000.0
Community Features Barbecue Play Area Spa(s) Pool
County Maricopa
Net Operating Income 28699.0
Operating Expense 14324.0
Insurance Expense 1250.0
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name GREENWAY MANOR
Garage Y/N N
Status Pending
Directions From Greenway go North on 29th street. Left on Marconi into complex. Drive through the gate then right (north) on 28th place. Building #19 is on the Northeast corner of 28th place and Le Marche.
High School Paradise Valley High School
City Phoenix
Buyer Agent Compensation 2.50
Disclosures Seller Prop Disc Stm
View Y/N N
High School District Paradise Valley Unified District
Open Parking Spaces 2.0
NumberOfUnitsTotal 4
Lot Size Square Feet 0.0
Carport Y/N N
Street Name LE MARCHE
Elementary School Palomino Primary School
Tax Annual Amount 1330.0
Electric Expense 0.0
Current Financing Not Applicable
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 10
Standard Status Pending
Occupancy Type Tenant
Elementary School District Paradise Valley Unified District
Tax Lot 19
Cap Rate 4.35
Buyer Agent Compensation Type %
New_sp_Financing_co_Conventional5 True
Ownership Fee Simple
Senior Community N
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Interior
Flooring Carpet Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Street Suffix Avenue
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Common
Water Source City Franchise
Total Parking 6.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions 89x55
Lot Size Acres 0.0
Road Surface Type Asphalt
Covered Spaces 4.0
Crops Included Y/N N
Open Parking Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2832
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* Excluded Features
List By
Homesmart

Broker

ryan@ryanswanteam.com

Email

Affordability Calculator

$4,491
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,380
Monthly Property Taxes
$111
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4328117 Elementary School
4328081 Middle School
Paradise Valley High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2024$659,000 Listed Price

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2832 E LE MARCHE Avenue, Phoenix, AZ, 85032 is a Multi-Family Home for sale at $659,000. 2832 E LE MARCHE Avenue is a studio with 0.0 baths and was built in 1982. The property's zip code is 85032 which is in Phoenix, AZ